Senior Financial Analyst (CONTRACT)

L'Occitane En Provence; New York (NY); On-site; USD 90,000 - 120,000; Full time

Job summary

L'Occitane En Provence in New York, NY is seeking a Senior Financial Analyst to partner with Retail, G&A and Operations to analyze performance, manage budgeting processes, and provide actionable insights.

The role focuses on CAPEX tracking, monthly close, KPI monitoring, and reporting using TM1 and BI tools; 3–5 years FP&A experience required; Bachelor's in Finance or Accounting.

Qualifications

• 3-5 years of experience in financial planning, analysis and modeling.
• BS in Finance, Accounting, or other quantitative field.
• Proficient in Excel, Power Point, Power BI and Other MS applications.
• SAP or other comparable ERP system exposure.

Responsibilities

• Business partner to Retail, Construction, and G&A teams; expense control and analysis.
• Monitor and control monthly Retail KPIs with COO and Retail Directors; set targets and compute bonuses.
• CAPEX spend tracking and ROI analysis; maintain spend vs ROI trackers.
• Participate in monthly accounting close; liaise with Accounting; review P&L variances.

Skills

Retail/Wholesale experience

Education

Bachelor's degree in Finance, Accounting, or other quantitative field

Tools

Power Point

Excel

Power BI

SAP

Job description

JOB SUMMARY

The Senior Financial Analyst will be key Business Partner to various stakeholders within the company responsible for preparing financial analyses, maintaining current financial reports, and providing context and insight around the data. Develop methodologies to determine the effectiveness of initiatives on Retail Stores and Expenses with a focus on G&A Expenses. Analyze and report on historical, current and future trends in performance. Prepare reports for executive review.

JOB RESPONSIBILITIES

• Business partner to Retail, Construction, and G&A teams
  • Expense control, reporting, and analysis
  • Financial guidance with focus on Investment Optimization and maximizing ROIs of Retail Stores
  • Identify Risks and Opportunities within the business and provide Actionable analysis
• Monitor and control monthly Retail KPIs in collaboration with COO and Retail Directors:
  • Provide Retail stores with monthly sales targets in accordance with budgets
  • Calculate monthly and quarterly sales bonus for Retail store teams
  • Communicate Labor hours budget and ensure productivity optimization in stores
• CAPEX Spend Tracking and Reporting
  • Develop and maintain trackers of CAPEX with a view on Spend vs. ROI and BUD
• Participate in monthly accounting close process:
  • Liaise with Accounting and provide accruals of incurred expenses not yet invoiced per Accounting rules
  • Review monthly and YTD P&Ls and address variances to Budget/Forecast and LY with an extensive GL research for accuracy
  • Generate reporting and hold month end meetings with key stakeholders to review results and address variances
• Financial Controls for Purchase Requisition process:
  • Approve Purchase Requisitions for relevant departments and thresholds and ensure accuracy vs. Budget/Forecast
  • Provide guidance on Expense coding and amount allocation as it relates to Accounting Rules
  • Generate Reporting and partner with stakeholders to address areas of risk and opportunities
• Assist in the annual P&L Budget and quarterly Forecast Preparation/Development
• Create and distribute weekly and monthly reports to various levels of management
• Analyzing business results for key takeaways to help achieve business objectives, build consensus across various teams to expedite cost control initiatives and build understanding
• Go to for Reporting and Analysis development on Financial Reporting tool TM1
• Manage and deliver all ad hoc analysis
• Work effectively in a team environment
• All other duties or projects as assigned

KEY PERFORMANCE INDICATORS

Key contributor to Top-line and Bottom-line company results

REQUIREMENTS

EDUCATION

BS in Finance, Accounting, or other quantitative field

EXPERIENCE

3-5 years of experience in financial planning, analysis and modeling

SKILLS

• Retail/Wholesale experience
• Proficient in Excel, Power Point, Power BI and Other MS applications
• SAP or other comparable ERP system exposure